Expect More RBNZ Rate Cuts, but New Zealand ETF Might not Care

The Reserve Bank of New Zealand is prepared to continue lowering interest rates, though it has cautioned against large one-time reductions because the economy there is not yet weak enough. However, the iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL) might not care what RBNZ does with rates. At...